WASHINGTON — The U.S. November personal income report implies the consumer is propelling the economy higher in Q4. December sales, of course, will determine the exact amount of strength, but the latest data show spending was rising into the end of the year.

November personal income was up 0.2%, personal consumption expenditures grew 0.5% (its best gain since June), and core PCE prices rose 0.1% for a 1.1% gain over the year.

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